Cryptocurrency Market Sees $279 Million in Liquidations Over 24 Hours

According to PANews, data from Coinglass reveals that the cryptocurrency market experienced liquidations totaling $279 million over the past 24 hours. Of this amount, long positions accounted for $221 million, while short positions saw liquidations of $58.16 million. Bitcoin (BTC) faced total liquidations amounting to $54.40 million, and Ethereum (ETH) saw liquidations totaling $52.94 million.